Nelly Isabel

Nelly, age 59, lives on the city outskirts in the Perimetral. Her husband sells merchandise, and they have adult children with their own commitments. Her business activity is dress-making.

She began 23 years ago when she realized she had to work to help her children get ahead. She bought a sewing machine and began making blouses, trousers and skirts. She works alone and does not have fixed work hours, so fills orders as they come in from customers. With the help of the loan she wants to buy fabric, pins and thread for production so she can increase her income. In the future she would like to create new styles of clothing and renovate her home so her grandchildren can live more comfortably.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.